Macro Expert Luke Gromen Says He’s ‘Super’ Bullish on Bitcoin for Next Six to 12 Months – Here’s Why

WikiBit 2024-03-24 15:28

Veteran investor Luke Gromen says he sees Bitcoin (BTC) rising over the coming months on the back of a favorable macroeconomic backdrop. In a new

Bitcoin

Macro Expert Luke Gromen Says He‘s ’Super‘ Bullish on Bitcoin for Next Six to 12 Months – Here’s Why

Bitcoin Ethereum News

Veteran investor Luke Gromen says he sees Bitcoin (BTC) rising over the coming months on the back of a favorable macroeconomic backdrop.

In a new interview with crypto journalist Natalie Brunell, Gromen highlights the US governments nearly $35 trillion debt.

With the national debt sitting at record-high levels, the macro expert says theres nothing the Fed can do to stop the resurgence of inflation, which will ultimately drive investors to seek shelter in store-of-value assets like Bitcoin to preserve their wealth.

At time of writing, Bitcoin is trading for $64,637.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Related exchange